Gold Intraday Signal 07-09-23Really Thankful to GOD and then the team. We saved our equity yesterday. The decision was rite to take the extreme and buying from 1917 is safe now. The time I am writing this price is at 23.6% 1920 and a possible DT may initiate. However we are very near to our 50pip and might get it before the decline or in other case BE hits. There is a clear death cross in H1 but a golden cross in H4 and Sma200 1917 in D1 is at support. Again we are mix sentiment that price may break or get rejected from there. I am still with extreme bottom and top to decide an entry. A sell from 50.0% 1927 is attracting me and a buy on return from 0.0% 1915 but with too much precautions as my eyes are still at 1913 and now 1903. W1 and MN TF both are bearish and their respective support is at 1903.
Educaton
My Favorite Pair Is Playing Tricks On Me...I really love trading Gold but looking at a higher time frame (as i always do), we can clearer see that price is ranging between a strong bullish trend line and a weaker bearish trend line. As the first mentioned trend line was hit, i was very bullish but now seeing price ranging under last support and therefore resistance, im not that much sure were Gold is heading. But as we can see our last Take Profit from my Weekly Market Overview was hit. What do you think ? Please comment on which side you are from now.